PTEs that are not TEC funded must lodge financial statements
If your PTE is not funded by the Tertiary Education Commission (TEC), you need to provide your financial statements.
Financial statements鈥痑re formal records of the financial activities and position of a business, person, or entity. They are likely to be provided to the Companies Office, Inland Revenue, your Board, your shareholders, other interested parties, or published in an annual report.
Your accountant will know what financial statements you need to do and the relevant legislation your organisation needs to comply with. For example, the Companies Act 1993 sets out the requirements for registered companies.
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Changes to the rules mean PTEs only need to supply every second year
The Private Training Establishment Rules changed on 19 January 2026.
Open the Private Training Establishment Rules
The change requires PTEs to submit their financial statements biennially (every second year) instead of annually, unless 色诱直播 gives notice to a particular PTE that it is required annually.
Changes to the rules mean some PTEs are exempt
For some PTEs, the change means they may not need to get an independent review or audit of their financial statements.
For most PTEs, their financial statements include an independent review or audit. This is considered part of the PTE鈥檚 financial statements and is included in the annual report or submission of financial statements to the Companies Office, Inland Revenue, the Board, shareholders, or other interested parties.
These financial statements, along with the independent review or audit, should also be submitted to 色诱直播.
If your financial statements have been prepared accurately, following relevant legislation and standards, and an auditor鈥檚 report or independent review is not required, you do not need to get one for 色诱直播's purposes. Simply provide the financial statements that have been prepared.
Not all PTEs need to provide financial statements
PTEs that are not funded by TEC must provide financial statements to 色诱直播.
PTEs that are funded by TEC don't need to provide 色诱直播 with financial information because TEC assesses the financial viability of funded PTEs.